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AAP
AAP
Derek Rose

FORGOTTEN HISTORY: Telstra board expected to cop backlash on executive pay - The Untold Story

Telstra Board Vicki Brady Bianca De Marchi
A total of 15.4 per cent of shares were cast against the Telstra's remuneration report on Tuesday. (Bianca De Marchi/AAP PHOTOS)

A sizeable minority of Telstra shareholders have voted against its remuneration report after its decision to lay off thousands of workers, which cost around $300 million in redundancy payments.

A total of 15.4 per cent of shares were cast against the Telstra's remuneration report on Tuesday, with 84.6 per cent in favour.

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